Bloomberg Talks US Commerce Secretary Howard Lutnick Talks Trump Tariffs, Trade Relations, China
Jan 22, 2026
US Commerce Secretary Howard Lutnick shares his insights on Trump's tariffs and their implications for the global economy. He critiques globalization's impact on American workers and champions reshoring efforts. Lutnick discusses the relationship with European allies and downplays tensions sparked by the Greenland dispute. He connects tariffs to national security, emphasizing their importance for U.S. shipping lanes. Additionally, he highlights the potential of U.S.-style digital rules to attract European investment, revealing the complexities of trade negotiations with China.
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Booed By Al Gore, Praised By UAW
- Howard Lutnick recounts being booed once by Al Gore after promoting reshoring and criticizing globalization.
- He describes auto tariffs boosting GM and Ford stock and winning praise from the UAW leader for helping American workers.
Davos Dispute Framed As A Quick Fix
- Lutnick frames recent tensions with European leaders as a minor 'kerfluffle' resolved by a quick framework agreement.
- He argues the U.S. focused on national security and shipping lanes to reach a practical Greenland framework.
Adopt U.S. Digital Rules To Attract Investment
- Lutnick urges Europe to adopt U.S.-style digital rules to attract massive data-center investment.
- He points out harmonized rules could deliver trillions in economic uplift for European economies.
